State and Local Government Debt: An Analysis
State and Local Government Debt: An Analysis

Author: Steven Maguire

Publisher: DIANE Publishing

Published: 2011

Total Pages: 29

ISBN-13: 1437985459

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This report first provides a broad overview of state and local government finances and how these governments incorporate borrowing into their budgets. The second section reports data on state and local government debt and how that debt has changed over time. This section includes a comparative analysis of these debt parameters for each state. The third section discusses different economic perspectives on the use of debt by governments and if governments are intrinsically biased toward borrowing more than is considered economically optimal. The discussion provides background for Congress as it deliberates potential changes in the oversight of the primary and secondary markets for state and local government debt.

Local Government Borrowing
Local Government Borrowing

Author: Paweł Swianiewicz

Publisher: Local Government and Public Service Reform Initiative

Published: 2004

Total Pages: 440

ISBN-13:

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This book sketches the theoretical and practical consequences that local governments face in deciding to borrow. It cites examples from western Europe where they have succeeded and failed in managing capital loans. Country studies reflect on the borrowing market in Czechia, Estonia, Hungary, Poland, Romania, Russia and Slovakia. Steps are outlined that would facilitate the opportunities for local governments to borrow. A variety of practical arrangements for regulation are presented.

The Oxford Handbook of State and Local Government Finance
The Oxford Handbook of State and Local Government Finance

Author: Robert D. Ebel

Publisher: OUP USA

Published: 2012-03-21

Total Pages: 1057

ISBN-13: 9780199765362

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This handbook evaluates the persistent problems in the fiscal systems of state and local governments and what can be done to solve them. Each chapter provides a description of the discipline area, examines major developments in policy practices and research, and opines on future prospects.

Handbook of Local Government Fiscal Health
Handbook of Local Government Fiscal Health

Author: Helisse Levine

Publisher: Jones & Bartlett Publishers

Published: 2012

Total Pages: 574

ISBN-13: 0763792306

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Fiscal health of local governments and municipalities has remained an important issue since the crises of the 1970s in places like New York, Philadelphia and Cleveland. More recently, the bankruptcy of Orange County California raised the possibility of a different type of financial failure than earlier ones. The beginning of the 21st century has witnessed two major economic bubbles including the dotcom and housing bubbles. These economic cycles combined with increasing health care, pension and other structural costs continue to challenge the fiscal viability of many jurisdictions. In particular, the economic and financial crisis of 2007-2008 is likely to result in potentially serious fiscal challenges for local jurisdictions.